{"id":2029941,"date":"2015-07-17T18:58:44","date_gmt":"2015-07-17T13:28:44","guid":{"rendered":"http:\/\/stockviz.biz\/index.php\/?p=2029941"},"modified":"2015-07-17T18:58:44","modified_gmt":"2015-07-17T13:28:44","slug":"relative-returns-of-midcap-funds","status":"publish","type":"post","link":"https:\/\/stockviz.biz\/index.php\/2015\/07\/17\/relative-returns-of-midcap-funds\/","title":{"rendered":"Relative Returns of Midcap Funds"},"content":{"rendered":"<p><a href=\"http:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2015\/07\/midcap-mutual-fund-relative-returns.png\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2015\/07\/midcap-mutual-fund-relative-returns.png\" alt=\"midcap mutual fund relative returns\" width=\"1128\" height=\"282\" class=\"alignnone size-full wp-image-2029951\" srcset=\"https:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2015\/07\/midcap-mutual-fund-relative-returns.png 1128w, https:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2015\/07\/midcap-mutual-fund-relative-returns-300x75.png 300w, https:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2015\/07\/midcap-mutual-fund-relative-returns-1024x256.png 1024w, https:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2015\/07\/midcap-mutual-fund-relative-returns-500x125.png 500w, https:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2015\/07\/midcap-mutual-fund-relative-returns-900x225.png 900w\" sizes=\"auto, (max-width: 1128px) 100vw, 1128px\" \/><\/a><\/p>\n<h3>Relative Returns<\/h3>\n<p>We wanted to see how different mutual funds compared to the CNX MIDCAP index. We took the annual returns of a dozen funds and subtracted the annual returns of the CNX MIDCAP index. This gives us an idea of how well the fund was managed.<\/p>\n<p>The above result is a bit surprising. Other than the ICICI Prudential Value Discovery Fund, no other fund consistently beat the CNX MIDCAP index. Of course, returns are only half the story, these numbers don&#8217;t tell us the risks that were taken to achieve them.<\/p>\n<p>Besides, none of the top funds in a year hold that position over the next (see <a href=\"https:\/\/stockviz.biz\/index.php\/2015\/06\/19\/mutual-fund-performance-chasing\/\" target=\"_blank\">this<\/a>.)<\/p>\n<p><a href=\"http:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2015\/06\/mutual-fund-relative-performance-decile.png\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2015\/06\/mutual-fund-relative-performance-decile.png\" width=\"2576\" height=\"433\" class=\"alignnone\" \/><\/a><\/p>\n<p><strong>Related:<\/strong> <a href=\"https:\/\/stockviz.biz\/index.php\/2015\/06\/10\/mutual-fund-performance-in-bear-markets\/\" target=\"_blank\">Mutual Fund Performance in Bear Markets<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Relative Returns We wanted to see how different mutual funds compared to the CNX MIDCAP index. We took the annual returns of a dozen funds and subtracted the annual returns of the CNX MIDCAP index. This gives us an idea of how well the fund was managed. The above result is a bit surprising. Other &hellip; <\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3471,9],"tags":[17,960],"class_list":["post-2029941","post","type-post","status-publish","format-standard","hentry","category-investing-insight","category-your-money","tag-mutual-funds","tag-returns","entry"],"_links":{"self":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/2029941","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/comments?post=2029941"}],"version-history":[{"count":0,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/2029941\/revisions"}],"wp:attachment":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/media?parent=2029941"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/categories?post=2029941"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/tags?post=2029941"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}